THIS IS NOT YOUR FATHER'S CFL AS TEAMS SET TO MAKE A PROFIT

Despite a slight decrease in attendance and TV ratings,
the CFL is "on the verge of turning a record profit,"
according to Marty York of the Toronto GLOBE & MAIL. CFL
sources said that the league is "anticipating" taking in
"about" C$4M in TV, sponsorship and licensing revenue by
season's end, to be distributed among the eight clubs. That
revenue will be combined with the C$4M in NFL assistance
this year, meaning "that each CFL club will be picking up"
an extra C$1M. That C$1M for each franchise "represents
megabucks -- enough to ensure that each organization will
finish in the black for the first time in decades." League
Chair & Acting Commissioner John Tory: "There is no doubt in
my mind that the overall financial health of the CFL is
better than it has been in a very long time. ... Under no
circumstances ... will the league be writing out any cheques
to bail out any of our franchises this year" York: "So
delighted are CFL executives with the bottom line this
season that it appears they have called off their search for
a new full-time commissioner. ... It seems safe to conclude
that Tory will continue to serve as a volunteer commissioner
for the rest of this season at least" (GLOBE & MAIL, 8/6).